Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) Raises Dividend to $0.07 Per Share

Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) announced a monthly dividend on Thursday, March 26th. Stockholders of record on Wednesday, April 15th will be given a dividend of 0.0701 per share by the investment management company on Thursday, April 30th. This represents a c) dividend on an annualized basis and a dividend yield of 8.1%. The ex-dividend date is Wednesday, April 15th. This is a 20.0% increase from Neuberger Berman Energy Infrastructure and Income Fund’s previous monthly dividend of $0.06.

Neuberger Berman Energy Infrastructure and Income Fund Price Performance

Shares of Neuberger Berman Energy Infrastructure and Income Fund stock opened at $10.40 on Friday. The firm has a 50-day moving average of $9.70 and a 200-day moving average of $8.89. Neuberger Berman Energy Infrastructure and Income Fund has a 52-week low of $7.10 and a 52-week high of $10.49.

About Neuberger Berman Energy Infrastructure and Income Fund

Neuberger Berman Energy Infrastructure and Income Fund (NYSE American: NML) is a closed-end management investment company focused on generating attractive levels of current income by investing primarily in energy infrastructure companies. The fund’s portfolio is anchored by publicly traded master limited partnerships (MLPs) and other energy-related equity securities, with an emphasis on midstream operators engaged in activities such as crude oil and natural gas gathering, processing, transportation and storage.

Through its core investments in North American energy infrastructure, the fund seeks to capture distribution yields and potential long-term capital appreciation associated with essential oil and gas systems.